Currency Forecasts

Category: Buying Euros


Pound exchange rates rally. Will we see a general election?

Pound exchange rates

Pound exchange rates rallied yesterday afternoon as new PM Boris Johnson lost his first vote in the Commons. His first vote as the new PM saw him lose to the Tory rebels and opposition MP’s who object to a no-deal…

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Pound/Euro remains supported despite Brexit uncertainty

Pound/Euro rates remain supported above €1.14. To some, this is a surprise given the recent run of disappointing UK data. In the last week we have seen: GDP figures lower than expected, growth forecasts downgraded, and dire warnings from the BoE…

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Pound/Euro remains at 1 month high

The Pound is still doing pretty well following the triggering of Article 50 last week. Now that the process has started, it’s a classic case of ‘sell the rumour, buy the fact’. Sterling had been weakened significantly during the last…

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